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History, 25.05.2021 01:10 vanbenit7

Refer to the passage. "Most powerfully, digital flows open up the global economy to anyone with an Internet connection. That reduces the barriers to entry and changes old rules about how business is done—and who can participate.

You no longer need to be a big, well-capitalized multinational company to compete globally. Thanks to digital platforms such as Alibaba and Amazon, even small-scale entrepreneurs can connect directly with customers and suppliers around the world, transforming themselves into ‘micro multinationals.’”

"These Charts Show How Globalization Has Gone Digital” by James Manyika, Susan Lund, and Jacques Bughin, 2016

Which of the following statements best reflects how internet connectivity has affected traditional capitalist systems?

It has produced a greater need for capital.
It has weakened global free market competition.
It has eliminated the need for multinational corporations.
It has increased the demand for protecting intellectual property.

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